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BT boss Gavin Patterson launched a full-scale defence of its control over Openreach today, warning that multi-billion-pound plans to upgrade to the broadband network hang on the future of its governance and the burden of regulations.

But chief executive Mr Patterson warned that the upgrade is “subject to regulatory uncertainty” as BT attempts to minimise attempts by the telecoms watchdog, Ofcom, to impose sweeping changes to how the company controls Openreach....